Alcoa Rises 12.1% in a Month: Should You Buy the Stock Now or Wait?
Shares of Alcoa Corporation (AA) have been showing impressive gains of late, increasing 12.1% in the past month. The alumina, aluminum and bauxite products provider has outperformed the industry and S&P 500 composite’s growth of 11.3% and 4.3%, respectively. In contrast, the company’s peers, Constellium SE (CSTM) and Ryerson Holding Corporation (RYI) have gained 28.3% and lost 5.5%, respectively, over the same time frame.AA Stock’s One-Month Price PerformanceImage Source: Zacks Investment ResearchClosing at ...